Wealth effects associated with announcements of hybrid securities in an emerging country: evidence from Malaysia

• Main Authors: Abdul Rahim, Norhuda, Abdul Rahman, Fauziah
• 格式: Article
• 語言: English
• 出版: Universiti Putra Malaysia Press 2015
• 在線閱讀: http://psasir.upm.edu.my/id/eprint/46891/1/18%20JSSH-1207-2014.pdf; http://psasir.upm.edu.my/id/eprint/46891/; http://www.pertanika.upm.edu.my/pjssh/browse/special-issue?decade=2020&year=2015&journal=JSSH-23-S-9

This paper examines the market reaction to hybrid security announcements in an emerging country, specifically Malaysia, from January 1996 to December 2009. The results indicated that announcements of the intention to issue convertible bonds in Malaysia are significantly associated with negative abno...